LES MOULINS A VENT D'ARMORIQUE : revenue, balance sheet and financial ratios

LES MOULINS A VENT D'ARMORIQUE is a French company founded 23 years ago, specialized in the sector Production d'électricité. Based in MONTPELLIER (34000), this company of category ETI shows in 2024 a revenue of 1.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - LES MOULINS A VENT D'ARMORIQUE (SIREN 444702005)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 437 960 € 1 757 472 € 1 382 642 € 1 421 752 € 1 810 081 € 1 527 392 € 1 467 807 € 1 316 034 € 1 341 783 €
Net income 649 904 € 863 890 € 643 588 € 555 402 € 946 431 € 651 331 € 513 424 € 371 101 € 280 721 €
EBITDA 1 027 700 € 1 107 140 € 906 815 € 840 353 € 1 252 120 € 993 351 € 898 181 € 778 690 € 815 186 €
Net margin 45.2% 49.2% 46.5% 39.1% 52.3% 42.6% 35.0% 28.2% 20.9%

Revenue and income statement

In 2024, LES MOULINS A VENT D'ARMORIQUE achieves revenue of 1.4 M€. Revenue is growing positively over 9 years (CAGR: +0.9%). Significant drop of -18% vs 2023. After deducting consumption (0 €), gross margin stands at 1.4 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.0 M€, representing 71.5% of revenue. Positive scissor effect: EBITDA margin improves by +8.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 650 k€, i.e. 45.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 437 960 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 437 960 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

1 027 700 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

774 667 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

649 904 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

71.5%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 84%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 55.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

84.392%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

55.617%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

36.3%

Solvency indicators evolution
LES MOULINS A VENT D'ARMORIQUE

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: -273.65
Med: 0.0
Q3: 120.96
Good -6 pts over 3 years

In 2024, the debt ratio of LES MOULINS A VENT D'ARMO... (0.00) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
84.39% 2024
2022
2023
2024
Q1: -12.1%
Med: 0.32%
Q3: 40.46%
Excellent

In 2024, the financial autonomy of LES MOULINS A VENT D'ARMO... (84.4%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: -4.9 years
Med: 0.0 years
Q3: 5.63 years
Good -6 pts over 3 years

In 2024, the repayment capacity of LES MOULINS A VENT D'ARMO... (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 157.33. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 2.5x. Financial charges are adequately covered by operations.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

157.329

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

2.546

Liquidity indicators evolution
LES MOULINS A VENT D'ARMORIQUE

Sector positioning

Liquidity ratio
157.33 2024
2022
2023
2024
Q1: 83.26
Med: 273.74
Q3: 870.78
Average +10 pts over 3 years

In 2024, the liquidity ratio of LES MOULINS A VENT D'ARMO... (157.33) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
2.55x 2024
2022
2023
2024
Q1: -5.49x
Med: 0.0x
Q3: 19.34x
Good -18 pts over 3 years

In 2024, the interest coverage of LES MOULINS A VENT D'ARMO... (2.5x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 26 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 202 days. Excellent situation: suppliers finance 176 days of the operating cycle (retail model). WCR is negative (-634 days): operations structurally generate cash. Over 2016-2024, WCR increased by +42%, requiring additional financing.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

-2 534 390 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

26 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

202 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

-634 j

WCR and payment terms evolution
LES MOULINS A VENT D'ARMORIQUE

Positioning of LES MOULINS A VENT D'ARMORIQUE in its sector

Comparison with sector Production d'électricité

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of LES MOULINS A VENT D'ARMORIQUE is estimated at 1 916 097 € (range 290 235€ - 7 560 570€). With an EBITDA of 1 027 700€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.69x (in line with sector norms). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
85 tx
290k€ 1916k€ 7560k€
1 916 097 € Range: 290 235€ - 7 560 570€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 027 700 € × 2.4x
Estimation 2 486 696 €
272 872€ - 9 330 531€
Revenue Multiple 30%
1 437 960 € × 0.69x
Estimation 994 839 €
195 856€ - 5 048 444€
Net Income Multiple 20%
649 904 € × 2.9x
Estimation 1 871 488 €
475 214€ - 6 903 857€
How is this estimate calculated?

This estimate is based on the analysis of 85 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Production d'électricité)

Compare LES MOULINS A VENT D'ARMORIQUE with other companies in the same sector:

Voir toutes les statistiques du secteur Production d'électricité

Frequently asked questions about LES MOULINS A VENT D'ARMORIQUE

What is the revenue of LES MOULINS A VENT D'ARMORIQUE ?

The revenue of LES MOULINS A VENT D'ARMORIQUE in 2024 is 1.4 M€.

Is LES MOULINS A VENT D'ARMORIQUE profitable?

Yes, LES MOULINS A VENT D'ARMORIQUE generated a net profit of 650 k€ in 2024.

Where is the headquarters of LES MOULINS A VENT D'ARMORIQUE ?

The headquarters of LES MOULINS A VENT D'ARMORIQUE is located in MONTPELLIER (34000), in the department Herault.

Where to find the tax return of LES MOULINS A VENT D'ARMORIQUE ?

The tax return of LES MOULINS A VENT D'ARMORIQUE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does LES MOULINS A VENT D'ARMORIQUE operate?

LES MOULINS A VENT D'ARMORIQUE operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.